Builders, Developers, Investors... LOOK HERE! This is an exceptional 3.51-acre tract, located just off W Washington, in one of Stephenville's fastest-growing corridors. Surrounded by brand new and established Multi-Family construction, this is the ideal location, on pavement, for your next Multi-Family project. This location offers both convenience and opportunity to downtown Stephenville, the Bosque River Trail, and the wildly trending Tarleton State University. Situated on the east side of town, this location also provides easy access to the very busy Highway 281, and Highway 377. The city has just recently stubbed out a multi-family sewer line at the rear neighboring boundary of the property. Currently, a 1012 SQ FT, 2-bedroom, 1-bath rental home sits on the property.